A new poker league will open soon for the game’s top players.
The new league, which has yet to be named, will hold four tournaments hosted by the Palms Casino Resort and a championship event in Las Vegas. One of the league’s purposes is to hold tournaments which are “rake free” for the players – which means the house won’t earn any money wagered – and in addition will feature big cash prizes. The championship will be free for qualifiers, with a prize around one million dollars.
World Series of Poker Commissioner Jeffrey Pollack founded the FS+G only last year, along with Michael Brodsky, David Goldberg and Jeffrey Grosman, who were senior managers at a popular online betting site before was acquired last November by an online casino. Commissioner Annie Duke is also a WSOP champion and a 2009 runner-up in the popular television show Celebrity Apprentice.
Poker tournaments such as WSOP and World Poker Tour are popular on television and often feature poker celebrities. There are no qualifications for anyone to participate, as long as they can afford the entry fee buy-in of $10K. The new league will rank player qualification with a mathematical calculation of previous winnings and events in a way similar to how professional tennis and golf players are ranked worldwide.
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